Securities Abbreviation: Luopuxin Independent Directors' Special Meeting 2026-001 Resolution of the First Special Meeting of Independent Directors of the Sixth Board of Directors in 2026 Zhongyi Feng Luopuxin Materials Technology Co., Ltd. (hereinafter referred to as the "Company") issued the notice for the First Special Meeting of Independent Directors of the Sixth Board of Directors in 2026 on April 12, 2026. The meeting was held in person on April 22, 2026. A total of 3 independent directors were eligible to attend, and all 3 were present. Ms. Zhu Xuezhen was unanimously elected to chair the meeting. The convocation, convening, and voting procedures of this meeting comply with the provisions of the Company Law, the Administrative Measures for Independent Directors of Listed Companies, and the Articles of Association. All independent directors unanimously passed the following proposals by signed vote:
- "2025 Internal Control Evaluation Report" Voting Results: 3 votes in favor, 0 votes against, 0 abstentions. The independent directors believe that the Company has established a relatively sound internal control system that is effectively implemented. The Company's key internal control activities are carried out in accordance with the Company's internal control system and regulations. The controls in process control, financial accounting control, information disclosure, related party transactions, major investments, and external guarantees are strict, sufficient, and effective, ensuring the normal operation of the Company's business management and complying with relevant laws, regulations, and the Company's actual situation. The "2025 Internal Control Evaluation Report" compiled by the Board of Directors truthfully and objectively reflects the construction and operation of the Company's internal control system. We unanimously agree with this proposal.
- "Proposal on the 2025 Profit Distribution Plan" Voting Results: 3 votes in favor, 0 votes against, 0 abstentions. The independent directors believe that the Company's 2025 profit distribution plan comprehensively considers the Company's development strategy, profitability prospects, future capital needs, asset status, market environment, and shareholder return plans. It is consistent with the Company's actual situation and complies with the China Securities Regulatory Commission's "Notice on Further Implementing Cash Dividend Matters for Listed Companies," "Supervision Guidelines for Listed Companies No. 3 - Listed Company Cash Dividends," and the "Articles of Association." It is conducive to the Company's healthy and sustainable development and does not harm the interests of the Company's shareholders, especially small and medium shareholders. We unanimously agree with the Company's 2025 profit distribution plan.
- "Proposal on Re-appointment of Accounting Firm" Voting Results: 3 votes in favor, 0 votes against, 0 abstentions. The independent directors believe that T.H. International Certified Public Accountants (Special General Partnership) has the qualifications to engage in securities business and rich experience and professional ethics in auditing listed companies. The audit opinions issued by them for the Company are objective and truthfully reflect the Company's financial status and operating results. T.H. International Certified Public Accountants (Special General Partnership), engaged by the Company for its 2025 audit services, has diligently performed its duties, adhered to the principles of independent, objective, and fair practice, and has successfully completed the entrusted work. We unanimously agree to continue to engage T.H. International Certified Public Accountants (Special General Partnership) as the Company's external audit institution for 2026 and submit this proposal for the Board of Directors' consideration.
- "Proposal on Accruing Credit Impairment Losses and Asset Impairment Losses for 2025" Voting Results: 3 votes in favor, 0 votes against, 0 abstentions. The independent directors believe that the Company's accrual of credit impairment provisions and asset impairment losses for this period is based on the principle of prudence, with sufficient basis, and complies with the "Enterprise Accounting Standards" and relevant company accounting policies. After the accrual of impairment provisions, the Company's 2025 financial statements can more fairly reflect the Company's financial position, asset value, and operating results as of December 31, 2025, providing investors with more truthful, reliable, and accurate accounting information. The decision-making process for accruing credit impairment provisions and asset impairment losses complies with relevant laws, regulations, and the "Articles of Association" and does not harm the interests of the Company and all shareholders, especially small and medium shareholders. Therefore, we unanimously agree with the accrual of credit impairment provisions and asset impairment losses for this period.
- "Proposal on the Estimated Quota for External Guarantees in 2026" Voting Results: 3 votes in favor, 0 votes against, 0 abstentions. The independent directors believe that the Company's estimated annual guarantee plan for this period is based on a reasonable estimation of the capital needs for the daily operations and business development of its wholly-owned subsidiaries in 2026, which is consistent with the Company's 2026 development plan. The entities to be guaranteed are subsidiaries included in the Company's consolidated financial statements. The Company has control over the guaranteed entities, and the guaranteed entities have normal and continuous operations. The overall risk is controllable, and there is no situation that harms the interests of the Company and its shareholders, especially small and medium investors. Therefore, we agree with the 2026 guarantee plan and agree to submit it to the Board of Directors for consideration.
- "Proposal to Authorize the Board of Directors to Handle Matters Related to the Private Placement of Shares to Specific Targets Through Simplified Procedures" Voting Results: 3 votes in favor, 0 votes against, 0 abstentions. The independent directors believe that the content of the proposal from the Board of Directors, "Proposal to Authorize the Board of Directors to Handle Matters Related to the Private Placement of Shares to Specific Targets Through Simplified Procedures," complies with the relevant provisions of the "Administrative Measures for the Registration of Securities Offerings by Listed Companies," the "Shenzhen Stock Exchange Listing Rules for Securities Offerings by Listed Companies," and the "Shenzhen Stock Exchange Implementation Rules for Securities Offerings and Underwriting Business." The proposed authorization for the Board of Directors to handle the private placement of shares to specific targets through simplified procedures is conducive to the Company's sustainable development and does not harm the interests of the Company and its shareholders, especially small and medium shareholders. Therefore, we unanimously agree with the above proposal and agree to submit it to the Board of Directors for consideration. (End of text) Securities Abbreviation: Luopuxin Independent Directors' Special Meeting 2026-001 (This page is intentionally left blank, serving as the signature page for the Resolution of the First Special Meeting of Independent Directors of the Sixth Board of Directors of Zhongyi Feng Luopuxin Materials Technology Co., Ltd. in 2026) Independent Directors' Signatures: Xuehua Xue Xuezhen Zhu Xin Yin Zhongyi Feng Luopuxin Materials Technology Co., Ltd. Independent Directors' Special Meeting April 23, 2026